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  1. The_Krakenite

    Dalio's Master Class

    I've always avoided this Master Class this & that which I get hit for adverts on YouTube all the time. Though I was surprised today to see Dalio is involved, with Greenblatt and Klarman, etc. Some heavy-hitters. I may finally sign up for my one-time only and see if there is any real hoopla here...
  2. The_Krakenite

    DOJ to announce crypto action at 3pm

    Don't forget, it was just a short while ago, that as soon as the SEC sent Kraken a notice for penalties due to allowing US citizens to stake... they immediately folded, cried Mommy, and paid the fines. And winded down staking revenue. It was only when they tried to hit Coinbase, the SEC got...
  3. The_Krakenite

    Is the crypto winter over?

    Hmm... despite I am LONG for the LONG-Game, I hope you are correct to be SHORT for the SHORT-TERM (no puns intended). So far this year, in regard to all my Options/Futures/Futures-on-Options, my biggest loss for now is just under $700 for those LEAPs CALLs on HIVE. Peanuts compared to the...
  4. The_Krakenite

    What are you presently reading?

    Just a head's up on Michael Lewis' latest book. I will be picking it up this week from the reserve list. I did not expect to get it so early, but it looks like the local library purchased (so far) 34 copies of the same book! I did not realize my city had such a big demand for everything crypto...
  5. The_Krakenite

    Why bitcoin is surging again

    This may be... bad news? But recent Tether news came out. They are investing half a billion dollars into existing crypto-miners. I guess that means a lot more may go into them at a later date too. So... that will inflate miner prices now... but another double-whammy when the run-on-tether spark...
  6. The_Krakenite

    Why bitcoin is surging again

    On the flip-side, certain sectors are getting wrekt, similar to the dot-com bubble, or the S&L Crisis before then. REIT sector is getting crushed and is estimated to be a long, long way down yet before bottom is hit. The chapter 11s will spill over into the banking sector, so don't expect to be...
  7. The_Krakenite

    What are you presently reading?

    I've now read up to around page 60. Was surprised to see there is no co-author on this book, since again, it's not as bad as I thought. I still wonder if he had some sort of ghost-writer... Though, the language certainly does seem like him. Not the kind I expect from the normies of...
  8. The_Krakenite

    Jim Chanos, Short Seller Who Took on Enron and Tesla, to Close Hedge Funds

    To be fair, Eisman and Burry also shorted Tesla and got burned.
  9. The_Krakenite

    Apple and Disney Among Companies Stopping Ads On X

    In all honesty. So woke-Disney and the Panderverse has stopped using a free-speech platform to keep pushing their hypocritical political agendas on children and other attempts at indoctrination. And this is a bad thing? :p I guess it's a good thing they still have Mark Shitterberg's METAverse...
  10. The_Krakenite

    What are you presently reading?

    Alright, I've got a limited time to read the Wolf book, since a lot of people are waiting and the library won't allow me to renew, lol. I started today, the first 30 pages aren't too bad. It's aimed at beginning investors, but to be honest, it's not too bad for what it's supposed to do, and...
  11. The_Krakenite

    Thread for people who don't entirely understand Bitcoin

    Realistically, we will either be destroyed by global warming long before that date (from what I am told), or will blow ourselves up by the time World War 13 comes around (if not before then). So I guess you are simply proposing a philosophical question :)
  12. The_Krakenite

    US Debt Interest Bill Rockets Past a Cool $1 Trillion a Year

    That year I shall never forget... The international gold standard prevailed from 1875 to 1914. There was a two-way convertibility between gold and national currencies at a stable ratio. The Finance Act of 1914 in Canada gave the government the power to act as a lender of last resort to the...
  13. The_Krakenite

    Apple and Disney Among Companies Stopping Ads On X

    Oh for fuck sakes. Again, another woke libertard screaming and throwing around terms of 'Nazis'. You know, people need to be more like Dana White. Some CEO tries to restrict your freedom of expression/votes/rights. Just say "Fuck Yourself". Unfortunately, we have a lack of strong men like this...
  14. The_Krakenite

    Jim Chanos, Short Seller Who Took on Enron and Tesla, to Close Hedge Funds

    I wondered about his pressures of Coinbase keeping him and other shorters from sleeping well at night. For those who began to short in early January this year, they already watched the price jump well over 3x that by July. And things really haven't improved much since. Yet they still have to pay...
  15. The_Krakenite

    Jim Chanos, Short Seller Who Took on Enron and Tesla, to Close Hedge Funds

    It is surprising to many he lasted as long as he did in this very dangerous game of being predominantly short as a hedge fund. I really don't like how this is written. Price is NOT the same thing as Value. Looks like Wall Street sales-pitch right there. This sounds really bad. Will those...
  16. The_Krakenite

    Is the crypto winter over?

    You still have the option to trade crypto ETFs on the Toronto Stock Exchange, most brokers like IBKR I believe will allow this. If they don't already let you, you can often ask if they will add it to your trading account. The issue with Canadian securities, (and with their derivatives), is the...
  17. The_Krakenite

    Dusting off my LEAPs again...

    @traider MET = Micro-Ether Futures As for today, it's Expiration Friday for my 17 short-PUTs on The RealReal. Looks like I avoided assignment, but I wouldn't have minded really if I did get hit. Now I really wish I had shorted more PUTs, but that's how it goes. To be fair, I originally DID...
  18. The_Krakenite

    Bitcoin ETF?

    There is this myth that everything revolved around the brothers. Nonsense. They had a lot of backers from the Middle East. And they got burned in this.
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